Bitcoin's decline is intensifying, with nearly 900 million US dollars withdrawn from related ETFs in just one day.

Bitcoin fell below $95,000 for the first time in nearly six months as risk aversion rose, with investors pulling out nearly $900 million from Bitcoin-related funds. As the largest digital asset, Bitcoin temporarily dropped 4.3% to $94,508, nearly erasing all gains for the year. In early October of this year, Bitcoin reached a historic high of $126,251 before closing at $93,714. CoinGlass data shows that over $1.3 billion in leveraged positions were forcibly liquidated in the past 24 hours. Meanwhile, Bitcoin-related ETFs saw a net outflow of approximately $870 million on Thursday, the second-highest daily outflow since their inception.